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Monday, April 29, 2024

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VA provides 198.5% more home purchase loans in North Carolina in Q4 2023

There were 5,149 VA home purchases in North Carolina in the fourth quarter of the VA's fiscal year 2023, totaling $1.7 billion in loans, according to figures provided by the Veterans Affairs Home Loans Index.

By Old North News | Mar 23, 2024

Local Government

VA provides 5,149 home purchase loans in North Carolina in Q4 2023

There were 5,149 VA home purchase loans issued in North Carolina in the fourth quarter of the fiscal year 2023 totaling $1.7 billion, according to figures provided by the Veterans Affairs Home Loans Index.

By Old North News | Mar 22, 2024

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Foxx: ED’s FAFSA Fallout Continues

By Old North News | Mar 22, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed strong criticism towards the Department of Education's handling of the Free Application for Federal Student Aid (FAFSA).Foxx called out the Department for its ongoing errors in the FAFSA rollout, stating, "Biden’s Education Department is at it again—today announcing it botched hundreds of thousands of aid packages for families with no timeline on fixing those errors. This is after a bungled launch filled with technical errors left millions of students and families still...

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Chairwoman Foxx Delivers Opening Remarks at Markup to Bolster Workforce and Advance Academic Freedom

By Old North News | Mar 21, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) delivered the following statement at the Committee's markup session. Foxx expressed gratitude towards her colleagues for their efforts in drafting legislative measures aimed at strengthening education and workforce-related issues.Foxx highlighted the significance of the bills under discussion, emphasizing the Committee's commitment to enhancing parents' rights, lowering college costs, and promoting student achievement. She stressed the importance of maintaining viewpoint neutrality...

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EdWorkforceCmte Advances Bills to Help Students and Workers Succeed

By Old North News | Mar 21, 2024

WASHINGTON –Today, the Education and the Workforce Committee advanced four bills to support students and workers: H.J. Res. 116, H.R. 6418, H.R. 3724, and H.R. 7683. Education and the Workforce Committee Chairwoman Virginia Foxx expressed the importance of these bills, stating, "Partisan accreditors, political litmus tests, and the degradation of Constitutional rights on campus are reducing the value of education programs and setting students back."H.J. Res. 116 aims to nullify the Biden administration’s independent contractor rule and uphold entrepreneurial opportunities...

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Education and Workforce Committee to Mark Up Bills for Workforce and Academic Freedom

By Old North News | Mar 20, 2024

WASHINGTON – Tomorrow, at 10:15 a.m., the Education and the Workforce Committee will mark up H.J. Res. 116, a Congressional Review Act resolution to nullify the Biden administration’s independent contractor rule; H.R. 6418, the Empower Charter School Educators to Lead Act; H.R. 3724, the Accreditation for College Excellence Act of 2023; and H.R. 7683, the Respecting the First Amendment on Campus Act."The Biden administration, bureaucrats, and radical education administrators are holding students and workers hostage with their we-know-better-than-you policies. It’s no...

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Chair Good Delivers Opening Remarks at Hearing Conducting Oversight of the Pension Benefit Guaranty Corporation

By Old North News | Mar 20, 2024

WASHINGTON – Today, Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) delivered a strong statement during a hearing focused on overseeing the Pension Benefit Guaranty Corporation (PBGC).In his address, Chairman Good emphasized the importance of accountability and oversight, directing his remarks towards Mr. Hartogensis, the outgoing Director of the PBGC. Good highlighted the significance of the PBGC in safeguarding the retirement benefits of 31 million Americans with private pension plans.Citing the original intent behind the creation of the...

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EdWorkforceCmte Will Mark Up Bills to Bolster Workforce and Academic Freedom

By Old North News | Mar 19, 2024

WASHINGTON – The Education and the Workforce Committee is set to mark up several significant bills aimed at enhancing workforce opportunities and preserving academic freedom. The scheduled markup includes H.J. Res. 116, H.R. 6418, H.R. 3724, and H.R. 7683, addressing various aspects of education and workforce policies.Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed concerns regarding current policies, stating, "The Biden administration, bureaucrats, and radical education administrators are holding students and workers hostage with their...

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Chair Foxx Applauds Education and Workforce Committee Action Regarding PBGC Misuse of Taxpayer Funds

By Old North News | Mar 19, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx commended the committee's efforts in holding the Pension Benefit Guaranty Corporation (PBGC) accountable for misusing taxpayer dollars. Foxx emphasized the committee's persistence in ensuring that $127 million intended for pension plans of deceased participants is recovered.Foxx stated, "A Biden agency called 'PBGC' wanted to fleece the taxpayer of $127 million dollars by funding pensions for dead participants. Let me repeat: $127 million for dead pension participants."The Chairwoman highlighted the...

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Chairman Good to Conduct Oversight of the Pension Benefit Guaranty Corporation — Tomorrow at 10:15 AM

By Old North News | Mar 19, 2024

Chairman Bob Good of the Subcommittee on Health, Employment, Labor, and Pensions is set to conduct oversight of the Pension Benefit Guaranty Corporation (PBGC) tomorrow at 10:15 a.m. In a statement, Chairman Good criticized the PBGC, saying, "The Pension Benefit Guaranty Corporation (PBGC) represents some of the worst of the Biden administration’s incompetence and misuse of taxpayer dollars." He highlighted the agency's failure to implement standard controls and verification procedures, resulting in millions of dollars in inaccurate payments, including funds sent to...

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UC Berkeley Next in @EdWorkforceCmte’s Antisemitism Probe

By Old North News | Mar 19, 2024

WASHINGTON – Today, Chairwoman Virginia Foxx of the Education and the Workforce Committee has initiated an investigation into the University of California, Berkeley's handling of antisemitism and its alleged failure to protect Jewish students on campus.In a letter addressed to UC Berkeley's Chancellor Dr. Carol T. Christ, President Michael V. Drake, and Board of Regents Chair Richard Leib, Chairwoman Foxx expressed concerns over the university's response to various antisemitic incidents. The letter highlights a specific event on February 26, 2024, where an anti-Israel...

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Foxx, Committee Members Object to Biden’s Federal Apprenticeship Power Grab

By Old North News | Mar 18, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) and several committee members have raised concerns over a proposed rule that expands federal power over apprenticeships. The lawmakers, including Higher Education and Workforce Development Subcommittee Chairman Burgess Owens (R-UT) and several Representatives, expressed their objections in a letter to Department of Labor (DOL) Acting Secretary Julie Su.In the letter, the lawmakers criticized the proposed apprenticeship rule, stating that it "eliminates the competency-based approach"...

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North Carolina ranked 14th lowest in the U.S. for average income in 2021

By Old North News | Mar 16, 2024

North Carolina ranked 14th lowest for average annual earnings per resident among U.S. states, according to data obtained from the U.S. Census Bureau.

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Williams, Foxx Introduce Bill to Tackle Plague of Illiberalism on College Campuses

By Old North News | Mar 15, 2024

WASHINGTON – Today, Congressman Brandon Williams (R-NY) and Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) introduced H.R. 7683, the Respecting the First Amendment on Campus Act. The legislation ensures that colleges and universities are fulfilling their First Amendment obligations by making free speech on campus a condition of receiving Title IV funding under the Higher Education Act (HEA)."The state of postsecondary education is in complete disarray. We’ve seen countless examples of institutions leveraging taxpayers’ dollars to fan the flames of...

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Following Foxx Scrutiny, DOL Urges PBGC to Return Millions in Overpayments for Dead Teamsters

By Old North News | Mar 15, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx has expressed her satisfaction with the Department of Labor's decision to direct the Pension Benefit Guaranty Corporation (PBGC) to return $127 million in overpayments for deceased Teamsters. Foxx stated, "The evidence of PBGC’s blatant mismanagement has mounted for months – it’s about time DOL acted in the best interest of hardworking taxpayers."The DOL's directive to PBGC comes after extensive oversight from the Education and the Workforce Committee. Foxx emphasized the importance of holding agencies...

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Chair Foxx Investigates 12 Unions for Recent Fraud, Corruption

By Old North News | Mar 15, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx has taken action against 12 unions for recent fraud and corruption. In letters sent to the presidents of these unions, Foxx highlighted specific examples of corruption and requested information on efforts to protect members from such misconduct.Foxx expressed her concerns in the letters, stating, "The Committee on Education and the Workforce (Committee) is concerned about fraud, embezzlement, and corruption perpetrated by union officials." She emphasized the need for unions to take measures to shield their...

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Legal Aid Lawyers’ Leaked Texts Confirm Concerns of Antisemitism

By Old North News | Mar 15, 2024

Jewish lawyers say members of their own labor union are attacking them for supporting Israel—claims that have led Congress to investigate the group for antisemitism. In Case You Missed It, The Free Press shared leaked internal group chat messages from the Association of Legal Aid Attorneys/UAW Local 2325 (Local 2325) showing union members calling their Jewish colleagues “fascist,” “deranged,” and “mentally disturbed” for supporting Israel in the wake of the October 7 Hamas terrorist attack. This report corroborates Education and the Workforce Committee Chairwoman Virginia...

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Foxx: AmeriCorps Incapable of Correcting Rampant Fraud, Incompetence

By Old North News | Mar 13, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed strong criticism towards AmeriCorps in light of a recent report by the Government Accountability Office (GAO) which highlighted significant issues within the agency."AmeriCorps’ legacy of incompetence and total disregard for taxpayer money has taken center stage in GAO’s newest report," stated Foxx. She pointed out that AmeriCorps has failed to effectively address rampant deficiencies and fraud within the organization. Foxx emphasized that AmeriCorps had not implemented the...

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Former Harvard Antisemitism Advisory Group Member to Participate in Transcribed Interview

By Old North News | Mar 13, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) announced today that the Committee will conduct a transcribed interview with Dr. Dara Horn, focusing on her service as a member of Harvard’s Antisemitism Advisory Group.The Antisemitism Advisory Group, which was announced on October 27, 2023, has since been dissolved and replaced by the university’s Presidential Task Force on Antisemitism. The interview with Dr. Horn is part of the Committee’s ongoing investigation into antisemitism at Harvard and is scheduled to take place on Monday, March 18, 2024....

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Chairman Good to Conduct Oversight of the Pension Benefit Guaranty Corporation

By Old North News | Mar 13, 2024

Chairman Bob Good of the Subcommittee on Health, Employment, Labor, and Pensions is set to lead a hearing on the operations of the Pension Benefit Guaranty Corporation (PBGC). The hearing, titled "Examining the Policies and Priorities of the Pension Benefit Guaranty Corporation," is scheduled for Wednesday, March 20, 2024, at 10:15 a.m. in the 2175 Rayburn House Office Building.In a statement, Chairman Good expressed his concerns about the PBGC, stating, "The Pension Benefit Guaranty Corporation (PBGC) represents some of the worst of the Biden administration’s...